MOU Signing: UL Solutions has signed a memorandum of understanding with Saudi Electricity Company to collaboratively enhance fire protection and life safety standards, reflecting a shared commitment to reducing fire risks and improving public safety.
Training Program Development: The partnership will focus on developing targeted fire safety training programs based on UL standards, which will not only enhance local technical expertise but also strengthen fire prevention capabilities across communities and the energy sector, ensuring the safety of infrastructure assets.
Alignment with Global Standards: By combining UL Solutions' extensive fire safety expertise with Saudi Electricity Company's nationwide reach, the initiative aims to reinforce alignment with global fire protection standards, promoting safety excellence in the energy sector.
Risk Management Focus: This collaborative project prioritizes operational excellence and risk management, ensuring effective protection of people and property amidst the rapid developments of Saudi Electricity Company's projects, thereby meeting the increasing safety compliance demands.
ULS
$78.21+Infinity%1D
Analyst Views on ULS
Wall Street analysts forecast ULS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ULS is 86.33 USD with a low forecast of 79.00 USD and a high forecast of 96.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast ULS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ULS is 86.33 USD with a low forecast of 79.00 USD and a high forecast of 96.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
3 Hold
0 Sell
Hold
Current: 77.530
Low
79.00
Averages
86.33
High
96.00
Current: 77.530
Low
79.00
Averages
86.33
High
96.00
Goldman Sachs
George Tong
Neutral
maintain
$69 -> $79
2025-11-05
Reason
Goldman Sachs
George Tong
Price Target
$69 -> $79
2025-11-05
maintain
Neutral
Reason
Goldman Sachs analyst George Tong raised the firm's price target on UL Solutions to $79 from $69 and keeps a Neutral rating on the shares. UL Solutions reported robust Q3 results, with revenue, EBITDA margins and EPS outperforming consensus and the full-year guidance raised, the analyst tells investors in a research note. UL Solutions is delivering resilient and accelerating organic revenue growth across its segments despite an uncertain macro environment, reflecting secular tailwinds and the essential nature of testing, inspection and certification services, the firm adds.
UBS
Joshua Chan
Neutral
maintain
$75 -> $96
2025-11-05
Reason
UBS
Joshua Chan
Price Target
$75 -> $96
2025-11-05
maintain
Neutral
Reason
UBS analyst Joshua Chan raised the firm's price target on UL Solutions to $96 from $75 and keeps a Neutral rating on the shares. UL Solutions posted another strong quarter of compounding performance, the analyst tells investors in a research note.
JPMorgan
Overweight -> Neutral
downgrade
$70 -> $84
2025-11-05
Reason
JPMorgan
Price Target
$70 -> $84
2025-11-05
downgrade
Overweight -> Neutral
Reason
JPMorgan downgraded UL Solutions to Neutral from Overweight with a price target of $84, up from $70, following the Q3 report. Following the stock's 74% rally year-to-date, the risk/reward is more compelling in other areas of the business services group, the analyst tells investors in a research note. The firm cites valuation for the downgrade.
UBS
Joshua Chan
Neutral
maintain
$70 -> $75
2025-10-14
Reason
UBS
Joshua Chan
Price Target
$70 -> $75
2025-10-14
maintain
Neutral
Reason
UBS analyst Joshua Chan raised the firm's price target on UL Solutions to $75 from $70 and keeps a Neutral rating on the shares. Growth reacceleration could be a good narrative for UL Solutions, the analyst tells investors in a research note.
About ULS
UL Solutions Inc. is a global safety science company. The Company provides independent testing, inspection and certification (TIC) services and related software and advisory (S&A) offerings to customers worldwide. Its segments include Industrial, Consumer, and Software and Advisory. Industrial segment provides TIC services to help ensure that its customers' industrial products meet or exceed international standards for product safety, performance, cybersecurity and sustainability. Its services serve end markets such as energy, industrial automation, engineered materials and built environment. Consumer segment provides a variety of global product market acceptance and risk mitigation services for customers in the consumer products end market, including consumer electronics, medical devices, information technologies and appliances. The S&A business offers complementary software and advisory solutions. It also specializes in performance testing of cells, small modules and battery systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
